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Master_of_Fine_Charts
Jan 4, 2022 1:56 PM

IEP Long 2022 Long

Icahn Enterprises L.P.NASDAQ

Description

After a gap down and consolidation in late 2021 we saw a double bottom and a massive green candle to start 2022.

Price blasted through the .23 fibonacci level and closed well above it.

With a 15% + yield and one of the great investing O.G.s in charge I feel that this is an opportunity to get in IEP at a reasonable price for a long term hold/swing.

Looking to fill that gap at $57 as a first target.


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